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Gerdau S.A.

GGB
Exchange
NYSE
Industry
Steel Works, Blast Furnaces & Rolling & Finishing Mills
SEC CIK
0001073404

In the last 90 days, Gerdau S.A. insiders filed 0 open-market purchases and 5 sales; 213 institutions reported holding it in 13F filings for Q2 2026, worth $1.46B in total; no superinvestor holds it.

13F holders, Q2 2023

Institutional positions in Gerdau S.A. as of Jun 30, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
202
−20 vs. Q1 2023
Shares held
275.4M
−22.5M (−7.5%) vs. Q1 2023
Total value
$1.44B
−$61.4M (−4.1%) vs. Q1 2023
New holders
29
63 more added
Sold out
49
76 more reduced

Compare with Q1 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GGB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2023: 202 institutions
Q1 2021: 143 institutionsQ2 2021: 170 institutionsQ3 2021: 149 institutionsQ4 2021: 161 institutionsQ1 2022: 172 institutionsQ2 2022: 185 institutionsQ3 2022: 191 institutionsQ4 2022: 225 institutionsQ1 2023: 222 institutionsQ2 2023: 202 institutionsQ3 2023: 188 institutionsQ4 2023: 190 institutionsQ1 2024: 180 institutionsQ2 2024: 186 institutionsQ3 2024: 187 institutionsQ4 2024: 187 institutionsQ1 2025: 182 institutionsQ2 2025: 167 institutionsQ3 2025: 176 institutionsQ4 2025: 182 institutionsQ1 2026: 194 institutionsQ2 2026: 213 institutions
Value heldQ2 2023: $1.44B
Q1 2021: $1.37BQ2 2021: $1.60BQ3 2021: $1.21BQ4 2021: $1.15BQ1 2022: $1.51BQ2 2022: $992.8MQ3 2022: $1.01BQ4 2022: $1.56BQ1 2023: $1.50BQ2 2023: $1.44BQ3 2023: $1.33BQ4 2023: $1.33BQ1 2024: $1.18BQ2 2024: $1.07BQ3 2024: $1.12BQ4 2024: $934.4MQ1 2025: $879.7MQ2 2025: $890.0MQ3 2025: $1.02BQ4 2025: $1.17BQ1 2026: $1.11BQ2 2026: $1.46B
Institutions holding GGB and their total value by quarter
QuarterHoldersValue
Q2 2026213$1.46B
Q1 2026194$1.11B
Q4 2025182$1.17B
Q3 2025176$1.02B
Q2 2025167$890.0M
Q1 2025182$879.7M
Q4 2024187$934.4M
Q3 2024187$1.12B
Q2 2024186$1.07B
Q1 2024180$1.18B
Q4 2023190$1.33B
Q3 2023188$1.33B
Q2 2023202$1.44B
Q1 2023222$1.50B
Q4 2022225$1.56B
Q3 2022191$1.01B
Q2 2022185$992.8M
Q1 2022172$1.51B
Q4 2021161$1.15B
Q3 2021149$1.21B
Q2 2021170$1.60B
Q1 2021143$1.37B

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q1 2023.

Institutions holding GGB in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors98,245,276$512.8M0.12%+2,876,609+3.0%Added
Acadian Asset Management LLC26,395,593$137.8M0.57%−1,137,119−4.1%Reduced
Contrarian Capital Management, L.L.C.17,978,551$93.8M25.31%00.0%Unchanged
Dimensional Fund Advisors LP13,983,189$73.0M0.02%−278,256−2.0%Reduced
Itau Unibanco Holding S.A.9,242,622$46.7M2.18%+1,861,956+25.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC8,288,610$43.3M0.20%+1,540,743+22.8%Added
Causeway Capital Management LLC7,730,421$40.4M1.06%+666,590+9.4%Added
BlackRock Inc.6,469,474$33.8M0.00%+822,843+14.6%Added
Man Group plc6,425,881$33.5M0.10%––
Goldman Sachs Group Inc5,459,490$28.5M0.01%+2,549,004+87.6%Added
Citadel Advisors LLC4,733,691$24.7M0.03%+4,704,968+16,380.5%Added
Moneda S.A. Administradora General de Fondos3,478,371$18.2M13.02%+2,507,545+258.3%Added
New York State Common Retirement Fund3,416,417$17.8M0.02%−10.0%Reduced
Vanguard Group Inc3,411,343$17.8M0.00%+43,236+1.3%Added
Renaissance Technologies LLC3,402,666$17.8M0.03%−2,750,565−44.7%Reduced
Russell Investments Group, Ltd.2,994,726$15.6M0.03%−6,649−0.2%Reduced
JPMorgan Chase & Co2,966,326$15.5M0.00%−2,026,696−40.6%Reduced
Rockefeller Capital Management L.P.2,856,571$14.9M0.06%−30,908−1.1%Reduced
Fisher Asset Management, LLC2,361,689$12.3M0.01%−580,555−19.7%Reduced
AQR Capital Management LLC2,348,250$12.3M0.03%+66,179+2.9%Added
State Street Corp2,323,034$12.1M0.00%+43,899+1.9%Added
SEI Investments Co1,869,144$9.76M0.02%−1,699−0.1%Reduced
American Century Companies Inc1,737,200$9.07M0.01%+175,825+11.3%Added
AXA S.A.1,713,037$8.94M0.03%+70,631+4.3%Added
Connor, Clark & Lunn Investment Management Ltd.1,541,291$8.05M0.04%−565,326−26.8%Reduced
Qube Research & Technologies Ltd1,262,862$6.59M0.03%−1,426,467−53.0%Reduced
Morgan Stanley1,142,765$5.97M0.00%−4,211,086−78.7%Reduced
Deutsche Bank AG1,115,030$5.82M0.00%−1,526,880−57.8%Reduced
SPX Equities Gestao de Recursos Ltda1,102,422$5.75M0.27%+825,592+298.2%Added
Capital International Ltd1,074,636$5.61M0.31%+425,836+65.6%Added
Capital International Sarl1,030,977$5.38M0.24%+208,691+25.4%Added
Capital International Inc973,646$5.08M0.09%−60,825−5.9%Reduced
Van Eck Associates Corp967,510$5.05M0.01%−269,901−21.8%Reduced
Citigroup Inc962,837$5.03M0.01%−30,131−3.0%Reduced
UBS Group AG947,197$4.94M0.00%+817,454+630.1%Added
Optiver Holding B.V.946,045$4.94M0.14%−5,383,548−85.1%Reduced
Mackenzie Financial Corp874,415$4.68M0.01%+409,117+87.9%Added
Amundi871,508$4.66M0.00%00.0%Unchanged
Arrowstreet Capital, Limited Partnership885,043$4.62M0.01%−14,502,861−94.2%Reduced
Asset Management One Co.,Ltd.769,812$4.02M0.02%00.0%Unchanged
Millennium Management LLC739,931$3.86M0.00%−2,631,386−78.1%Reduced
Legal & General Group Plc700,524$3.65M0.00%−209,424−23.0%Reduced
Northern Trust Corp674,207$3.52M0.00%+163,661+32.1%Added
HSBC Holdings PLC665,094$3.47M0.00%+32,781+5.2%Added
Moneda USA, Inc.658,251$3.44M7.04%00.0%Unchanged
BTG Pactual Global Asset Management Ltd638,270$3.33M1.75%+638,270New
Macquarie Group Ltd614,912$3.21M0.00%−30.0%Reduced
Credit Suisse AG596,376$3.11M0.00%−25,274−4.1%Reduced
Envestnet Asset Management Inc560,285$2.92M0.00%−506,684−47.5%Reduced
US Bancorp553,077$2.89M0.00%+493,672+831.0%Added
Panagora Asset Management Inc545,174$2.85M0.02%−23,099−4.1%Reduced
Hennion & Walsh Asset Management, Inc.500,695$2.61M0.16%+129,808+35.0%Added
Jane Street Group, LLC484,821$2.53M0.00%+155,218+47.1%Added
Principal Financial Group Inc481,833$2.52M0.00%00.0%Unchanged
Thrivent Financial for Lutherans451,593$2.36M0.01%+40,982+10.0%Added
Qtron Investments LLC435,485$2.27M0.43%+65,319+17.6%Added
Invesco Ltd.382,851$2.00M0.00%−13,704−3.5%Reduced
Guggenheim Capital LLC375,354$1.96M0.02%−10,070−2.6%Reduced
Kiwi Wealth Investments Limited Partnership320,598$1.67M0.10%−273,133−46.0%Reduced
CIBC World Markets Inc.314,443$1.64M0.01%−65,458−17.2%Reduced
Perpetual Ltd290,739$1.52M0.01%+25,832+9.8%Added
Capital Group Investment Management Pte. Ltd.276,756$1.44M0.07%+174,052+169.5%Added
Pinebridge Investments, L.P.241,276$1.26M0.01%00.0%Unchanged
BNP Paribas Arbitrage, SA239,603$1.25M0.00%+78,568+48.8%Added
LPL Financial LLC232,070$1.21M0.00%+96,313+70.9%Added
Robeco Institutional Asset Management B.V.223,881$1.17M0.00%00.0%Unchanged
Daiwa Securities Group Inc.215,465$1.13M0.01%+23,000+12.0%Added
Lifestyle Asset Management, Inc.207,579$1.08M0.65%+3,423+1.7%Added
Victory Capital Management Inc206,844$1.08M0.00%+170,305+466.1%Added
Banco BTG Pactual S.A.202,237$1.06M0.67%−797,554−79.8%Reduced
STRS Ohio184,800$964.0K0.00%00.0%Unchanged
ARGA Investment Management, LP181,743$948.7K0.03%00.0%Unchanged
Two Sigma Investments, LP175,915$918.3K0.00%−116,400−39.8%Reduced
Voloridge Investment Management, LLC175,323$915.2K0.00%−869,134−83.2%Reduced
Bank of America Corp171,872$897.2K0.00%−4,919,189−96.6%Reduced
Abn Amro Investment Solutions157,554$822.4K0.02%−13,100−7.7%Reduced
Fractal Investments LLC155,839$813.5K0.18%00.0%Unchanged
Diversified Trust Co151,553$791.1K0.03%00.0%Unchanged
Crossmark Global Holdings, Inc.124,054$740.0K0.02%−5,517−4.3%Reduced
AIA Group Ltd140,197$731.8K0.04%+71,812+105.0%Added
Neuberger Berman Group LLC135,733$708.5K0.00%−41,213−23.3%Reduced
Aquatic Capital Management LLC132,400$691.0K0.04%+35,800+37.1%Added
Advisors Asset Management, Inc.122,857$641.3K0.01%+1,944+1.6%Added
Massachusetts Financial Services Co119,096$621.7K0.00%−2,695−2.2%Reduced
AE Wealth Management LLC117,959$615.7K0.00%−44,354−27.3%Reduced
Metis Global Partners, LLC115,584$603.3K0.03%−187−0.2%Reduced
Impact Partnership Wealth, LLC111,074$579.8K0.20%+111,074New
TCW Group Inc110,500$576.8K0.01%+110,500New
Natixis Advisors, L.P.110,108$575.0K0.00%−151,088−57.8%Reduced
Bank of New York Mellon Corp108,958$568.8K0.00%−37,067−25.4%Reduced
Banque Cantonale Vaudoise105,000$548.0K0.03%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.104,110$543.5K0.00%−4,608−4.2%Reduced
Pacer Advisors, Inc.99,819$521.1K0.00%−23,160−18.8%Reduced
Aubrey Capital Management Ltd100,059$520.9K0.34%+4,203+4.4%Added
Provida Pension Fund Administrator93,092$485.9K0.02%00.0%Unchanged
KLR Investment Advisors, LLC87,891$458.4K0.38%+54,755+165.2%Added
Schroder Investment Management Group88,579$456.2K0.00%−37,061−29.5%Reduced
Mercer Global Advisors Inc85,877$448.0K0.00%−28,680−25.0%Reduced
Veriti Management LLC75,336$393.3K0.04%−8,107−9.7%Reduced
Advisor Group Holdings, Inc.73,435$387.6K0.00%+4,709+6.9%Added